Whoever having been previously convicted of an offence
punishable under this Chapter, except the offence under section 26, is subsequently convicted of an
offence shall be punishable with imprisonment for a term which shall not be less than five years but
which may extend to ten years and with fine which shall not be less than ten lakh rupees but which
may extend to fifty crore rupees.
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Section 24
Punishment for Repeat Offenders.
The Banning of Unregulated Deposit Schemes Act, 2019